#PeakOilDemand #ProductionGap
https://grist.org/energy/un-production-gap-fossil-fuels-coal-oil-gas-paris/
Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said on Wednesday.
#ProductionGap leads to #EmissionsGap
"To get on track for the internationally agreed target of 1.5C, 22bn tonnes of CO2 must be cut from the currently projected total in 2030, the report said. That is 42% of global #emissions and equivalent to the output of the world’s five worst polluters: China, US, India, Russia and Japan."
"As of the start of 2023, there is only around 250GtCO2 – or approximately six years of current #emissions – remaining that can be emitted before the world has a 50-50 chance of exceeding 1.5C warming. This represents a notable reduction from the carbon budget assessed in the prior UNEP report, reflecting a recent downward reassessment in the literature."
#EmissionsGap
https://www.carbonbrief.org/unep-humanity-is-still-breaking-all-the-wrong-records-in-fast-warming-world/
"There is more than enough funding floating around: governments invested nearly $12 trillion in economic relief during the COVID-19 pandemic, and are currently spending more than $1 trillion per year on direct #FossilFuelSubsidies ."
That's taxpayer-funded destruction.
Let's turn it into taxpayer-funded planetary healing.
https://www.nature.com/immersive/d41586-023-03601-6/index.html